Recruiting Intelligence

As we engage with our colleagues at the AIRC virtual conference this week and next, the discussions have us thinking, planning, and doing.

The financial challenges are quite real and the losses in the world of academia will continue to pile up in the near term. Survival and growth are possible, and your team knows that. Your leadership is engaged in some exceedingly difficult decision making right now.

Here are the financial realities: While deep and troubling, many institutions have been here before and frankly, this kind of pain is not all that new. Pandemic or no, institutions were heading for a financial crisis. Current circumstances have sped up the process. Those that have survived these challenges in the past stop cutting at some point and invest in growth.

We all want those investments in growth to be the right ones, but how do we know? Let’s look to our industry experts from our fellow AIRC members working in the trenches, to Moody’s Global Services, and the Chronicle of Higher Ed and make some sense of this. Concrete advice follows. Read on. 

According to Moody’s reports on the financial pain 4-year institutions are facing, higher ed administrators are managing a host of escalating challenges.

What we know: cutting your way to success has never worked for any institution.

What we want: strategic, incremental investments that pay off.

But which ones will lead to predictable enrollment growth and revenue? Oh, and student success?

There is a guiding light, a process to achieving this kind of success.

With technology playing an increasingly critical role in every aspect of our lives, especially now, academic institutions have recognized the need to accelerate the adoption and development of digitally oriented enrollment processes and education delivery. These moves can reverse enrollment declines and support the quality of education that students and families expect. A new partnership between Intead, iSchoolConnect, and Google addresses these needs with a smart, agile, and modular approach.

Framed as a modern and flexible model, incremental investments in technology for marketing and student success can align university leadership, administrators and importantly, faculty. CFOs take note, this is a plan for predictable enrollment and revenue streams.

The team delivering on this approach brings deep skills in marketing, enrollment management, and technology to support academic institutions through transformative initiatives carried out incrementally.

The goal is to produce an enrollment management transformation and a re-imagined approach to student success. Affordable marketing and AI-powered technology investments, each with clear transactional wins (think ROI) that justify the process, move the institution through a series of system improvements and enhancements toward the envisioned state. 

We’ve been here before, and we know that transformation is tough at large institutions. Bold and expensive strokes often fail to build the necessary stakeholder buy-in. The result: limited successes, far less than envisioned. 

Incrementalism recognizes that there are common modules every institution will want to address (recruitment, enrollment management, alumni relations, student and career services, etc.). Each institution is different in how and when each valued area blends into the transformation effort.

Read on to view our latest webinar in which I am joined by Ashish Fernando, iSchoolConnect CEO, and a panel of excellent guest speakers from Dartmouth, Babson, Northeastern, and Google to discuss how this new approach can pave the way to predictable, affordable, and transformative enrollment results. 

There's one important thing institutions should do to reverse enrollment declines. Most won’t do it.

What you need to succeed: the knowledge that each incremental investment provides a near-term win, a return on investment, while advancing your institution towards a transformative state for long-term growth. 

On Monday, November 16th at 12pm (EST), we will be joined by an amazing line up of experts to discuss how predictive analytics and flexible, modular investments in technology can transform both enrollment management and student success.

With so many institutions experiencing enrollment declines and budgetary challenges, strategic investments are essential. No institution has ever cut its way to success. 

Join us for this intriguing discussion about predictive analytics powered by Artificial Intelligence (AI). Following our webinar, attendees will receive an advance copy of our newest eBook on how to customize this modular approach for your institution. And we will be making a big announcement about how Intead is changing, significantly, to take advantage of the opportunities we see ahead.

During the webinar, I will be joined by my co-host, Ashish Fernando, CEO of iSchoolConnect, and together we will get some amazing strategic insights from:

• Lisa Adams, MD: Associate Dean for Global Health, Director of the Center for Global Health Equity, Dartmouth Geisel School of Medicine
• Jesus Trujillo Gomez: Strategic Business Executive for Higher Ed at Google Cloud
• Kerry Salerno: CMO, Babson College
• Hillary Dostal: Economics Adjunct Professor and Lecturer, Northeastern University and Endicott College

Are your moments of fear and anxiety your best growth opportunities in costume?

Reality check: some days the fortitude to push forward is harder than others. There is simply so much work to be done.

Still, we are moving forward. Always.

On this morning following the US 2020 election, regardless of the final outcome, the hard work of pushing for learning environments that advance individuals and society takes forward thinking and energy.

We, as a community, do this every day because we know that a diverse student population fosters cultural understanding and personal growth.

We, as the Intead team, supply the expertise and energy to make this happen with all we have in us.

And we know that institutions at the top of the food chain and the bottom do not achieve diverse learning environments easily. Today, the light is shining very clearly on the fact that without proactively addressing student recruitment, enrollment, and support processes, institutions fall into ineffective practices. Worse, practices that can subjugate and demean student segments. Practices that undermine and diminish the very mission statements institutions hold so dear.

Still, we move onward with fortitude and hope for a future in which students and institutions can realize success. 

And while the path to that future might not always be clear, opportunities abound. Read on for our perspective on recognizing those opportunities, including the latest data from Moody's Investors Service and NAFSA that point the way forward. 

Global campus options are now more critical than ever. Do you have the flexible toolkit to secure your Spring 2021 term?

Back in May, we let our community know about a new opportunity through CIEE to establish turnkey global campuses. This is the realistic innovation we see as critical to maintaining international student enrollment opportunities.

This is doable.

With their 70 years of experience in international education and their footprint of 30+ campuses around the world, CIEE developed a program to help institutions serve their international students despite COVID-19 and the travel restrictions that have been roiling the industry.

Since May, less than 3 months ago, more than 8 forward thinking and fast-moving institutions saw the opportunity. For the Fall 2020 term, more than 1,300 international students are enrolled in those institutions and will study on CIEE campuses overseas in Shanghai, Seoul, and other reachable cities.

Innovators like Tulane University, Rutgers University, Massachusetts College of Pharmacy and Health Sciences University, Penn State, Clark University, and others are leading the way for their international students:

• Developing the long-term bond between student and institution
• Delivering their customized academic programming
• Securing student graduation timelines
• Maintaining enrollment numbers and revenue streams

Recruitment. Retention. Revenue.

Spring term 2021 is now in play. US universities are witnessing the ever changing and ill-defined decrees from the US State Department about how international students can and cannot come to the US for their academic programs. Hard enrollment numbers for Fall 2020 are on their way.

Read on for the inside scoop from the academic leaders who took steps in May to secure Fall 2020. And how your steps today can secure Spring 2021 and beyond.

So, ICE tells all the online international students in the U.S. to go home and Harvard tells all students to go online for Fall 2020 (without lowering tuition). That’s quite a news day.

From day to day, the landscape continues to shift, sometimes dramatically.

If you’ve missed the past few months of Recruiting Intelligence posts because you’ve had other pressing priorities (we get it), then you may want to take a scroll through it all.

Read on for a quick summary of all the things we all need to figure out. (Spoiler alert: we've already figured out a lot of them).

Listening to a radio interview this past weekend, I heard a fantastic analogy from a recording artist describing why she collaborated with others on her most recent album:

When you go to the playground and bounce the ball off the wall by yourself, you know how it will bounce back to you.

Collaborating with other talented people produces more than you can produce by yourself. And it often produces the unexpected bounce that takes your project to the next level. Today we will look at a digital marketing case study for a campaign we ran in India, Brazil, and the U.S.

This is our second post in our enrollment management series addressing the question of how much of a media budget do you need to succeed with your digital student recruitment campaigns?

The answer: Benchmarks are the signposts to improvement and success. When you run campaigns, you capture the data that tells you how to improve. Collaborate with us and we will help you get the desired campaign bounce (not bounce rate – that’s something entirely different ; -)

We are providing our community with case studies offering a level of detail you simply do not find out there. We look at case studies offered up on other websites and often we are perplexed by what their definition of “case study” is. What we are providing: actual campaign results to help you know if you are doing things right.

Our recent enrollment marketing campaigns for a range of institutions have targeted student audiences in Kenya, South Africa, Ecuador, Colombia, Brazil, Italy, France, India, and of course, the US. Campaigns on the horizon will target recruitment stalwarts: China, India, and South Korea as well as Australia and Canada.

Pro tip: you’ll want to share these posts with your team. Better yet, get them to subscribe to our blog.

And here is a link to last week’s Intead Blog and Case Study about Kenya and Ecuador in case you missed it.

Read on for perspective on the talent and budget needed to make your next digital student recruitment campaign even more successful.

How much of a media budget do you need to succeed with your digital student recruitment campaigns?

The answer: Benchmarks are the signposts to improvement and success. When you run campaigns, you capture the data that tells you how to improve.

For the next few weeks in this enrollment management series, the Intead team will share what marketing agencies rarely, if ever, share publicly: real campaign results to help you know if you are doing things right.

Just looking at some of our recent enrollment marketing campaigns for a range of institutions, we have targeted student audiences in Kenya, South Africa, Ecuador, Colombia, Brazil, Italy, France, India, and of course, the U.S. More campaigns on the horizon will target recruitment stalwarts: China, India, and South Korea as well as Australia and Canada.

Do you see any of your target audiences in this set? Thought so.

Pro tip: you’ll want to share these posts with your team. Better yet, get them to subscribe to our blog.

Read on for perspective on setting leadership’s expectations for future success, what to throw into a campaign (talent and budgets), and the real, detailed benchmarks to measure your performance. Yes, all of that (but you have to read to the end to get it ; -)

What are your students willing to pay for an online education?

Here is what you are really after: given your brand reputation, the demographics of your student cohort and the potential to create a new service delivery model, what should you offer and how much should you charge for it?

Let’s get that answered!

Our primary message: custom research into what your student cohort is willing to pay for your brand on campus or online is invaluable. An important part of innovation is the upfront market research that points your team in the right direction.

Below we review some new pricing research that offers insights and a conceptual approach to getting this type of data for your institution.

The context: During a high school Zoom graduation ceremony we watched this past week (my niece got her paper!), the valedictorian shared the experience of his last day in high school in March this year – a day like any other, except that at the end of it, the principal quite suddenly told everyone there would be no school the next day. A mundane day that suddenly marked the end of all he had worked for. No celebration, no Senior Week pranks, no high fives, just, head home and, as it turned out, don’t return.

His comment at the close of his valedictorian graduation speech: Don’t ever doubt that the world can change in an instant.

Across the globe, students and institutions shared that experience. How will all those valedictorians and all their friends make decisions going forward. College? Job? Remote learning and a job?

Read on for pricing research perspective to get you thinking.

And watch this space over the next few weeks as we dive into the doing that is prompted by the thinking. We’ll be sharing detailed case studies of some of the successful digital marketing work we’ve been doing for a variety of institutions around the world.

Yes, even during a pandemic, especially during a pandemic, digital marketing will connect you with your target audiences. We will show you how and give you benchmarks to help you evaluate how you are doing.

Your institution’s mission has not changed.

Despite all that is swirling around us, you are still in the business of helping people improve and achieve. You are still helping them understand what to learn and how to learn it.

Resilience is Built

Many institutional leadership teams are demonstrating the very resilience their mission statements say they will instill in their students. Others are suggesting business as usual with little change to their operations beyond physical distancing practices.

Investing in adaptation and innovation builds long-term resilience. This is what students are doing by investing in their educations – building resilience.

What is the story we tell students and parents? “Take the risk. We know it is a lot of money, but you’ll be better off in the long-term.” We tell students to invest in a 4-year growth plan, and we reinforce it along the way, “Don’t be deterred! Finish in 4 years!”

Are academic leaders following that same advice to build resilience for their institutions? Or are they crying poor, just like the students they are trying to convince to spend savings and take on debt for future gains?

Here’s the thing: institutions rarely stick to their own 4-year plans.

Example: Enrollment marketing initiatives often start with 3-5 year plans. The team acknowledges that real returns won’t materialize in years 1 or 2. And then, turnover in senior administrators and other outside factors suddenly defund the growth plan and little to no progress gets made. The planned investment halts after just 12 months.

I’m sure you’ve seen this happen all too often.

What To Do?

Develop the vision. Build the buy-in. Invest in the execution. Stay the course.

We will be adding a new set of research and resources available to our Intead Plus members over the next 8 weeks to help you do just that.

Read on to take a look at where forward-looking institutions are making these investments for longer-term growth (case studies are available).